Tata Motors sells 78,843 vehicles in August 2022

1 Sep 2022 , 02:51 PM

Total domestic sales jumped 41% to 76,479 in August 2022 as against 54,190 units sold in August 2021. Total commercial vehicles (CV) (domestic + exports) rose 6% to 31,492 units in August 2022 from 29,781 units sold in August 2021. Total domestic CV sales in August 2022 stood at 29,313 units, registering a growth of 12% as against 26,172 units sold in August 2021. CV exports slumped 40% to 2,179 units from 3,609 units sold during the period under review. Total sales for MH&ICV Domestic & International Business in August 2022, including trucks and buses, stood at 12,846 units, recording a growth of 17.28% compared to 10,953 units in August 2021. Tata Motors total domestic sales of passenger vehicles soared 68% to 47,166 units in August 2022 as against 28,018 units in August 2021. Tata Motors is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses, offering extensive range of integrated, smart and e-mobility solutions. With operations in India, the UK, South Korea, Thailand, South Africa and Indonesia, Tata Motors vehicles are marketed in Africa, Middle East, South & South East Asia, Australia, South America, Russia and other CIS countries. The company reported a consolidated net loss of Rs 5,006.60 crore in Q1 FY23 as against a net loss of Rs 4,450.92 crore in Q1 FY22. Revenue from operations increased 8.3% YoY to Rs 71,935 crore in Q1 June 2022. Shares of Tata Motors were down 0.91% to Rs 466.70 on the BSE. Powered by Capital Market – Live News